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GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2020
GOODWILL AND INTANGIBLE ASSETS  
Schedule of changes in carrying amount of goodwill

The summary of changes in the carrying amount of goodwill for the years ended December 31, 2020 and 2019 are as follows (in millions):

    

Flatbed

    

Specialized

    

Total

Goodwill balance at January 1, 2019

$

101.5

156.9

$

258.4

Impairment

(42.2)

(76.6)

(118.8)

Adjustments to previously recorded goodwill, net

(0.3)

(0.3)

Foreign currency translation adjustment

0.6

0.6

Goodwill balance at December 31, 2019

59.3

80.6

139.9

Foreign currency translation adjustment

0.2

0.2

Goodwill balance at December 31, 2020

$

59.3

$

80.8

$

140.1

Schedule of intangible assets

Intangible assets consisted of the following at December 31, 2020 and 2019 (in millions):

As of December 31, 2020

As of December 31, 2019

Intangible

Accumulated

Intangible

Intangible

Accumulated

Intangible

    

Assets

    

Amortization

    

Assets, net

    

Assets

    

Amortization

    

Assets, net

Non-competition agreements

$

21.7

$

(19.7)

$

2.0

$

21.7

$

(18.4)

$

3.3

Customer relationships

88.9

(48.1)

40.8

88.9

(42.2)

46.7

Trade names

50.9

50.9

59.1

59.1

Foreign currency translation adjustment

0.1

0.1

Total intangible assets

$

161.6

$

(67.8)

$

93.8

$

169.7

$

(60.6)

$

109.1

Schedule of future estimated amortization expense

Future estimated amortization expense is as follows (in millions):

    

Non-competition

    

Customer

Year ending December 31, 

Agreements

Relationships

2021

$

1.0

$

5.9

2022

 

0.9

 

5.9

2023

 

0.1

 

5.9

2024

 

 

4.1

2025

 

 

3.1

Thereafter

 

 

15.9

Total

$

2.0

$

40.8